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Carrier Global beats quarterly profit estimate, raises 2025 forecast amid strong HVAC demand

Carrier Global beats quarterly profit estimate, raises 2025 forecast amid strong HVAC demand

(Reuters) - Carrier Global (NYSE:CARR) beat the analysts’ estimate for first-quarter profit on Thursday, and raised its 2025 forecast, anticipating strong demand for its heating, ventilating and air conditioning (HVAC) products and aftermarket repair services. Increasing global temperatures fueled by climate change and rising levels of air pollution have aided demand for air conditioners and air ...

2025-05-02 04:24:38
Ryanair threatens to cancel huge Boeing order if tariffs raise prices

Ryanair threatens to cancel huge Boeing order if tariffs raise prices

By Padraic Halpin and Allison Lampert DUBLIN (Reuters) -Ryanair on Thursday threatened to cancel orders for hundreds of Boeing (NYSE:BA) aircraft if a U.S.-led tariff war leads to materially higher prices, and said it could look at alternative suppliers, including Chinese planemaker COMAC. The threat by Europe’s largest low-cost carrier and one of Boeing’s biggest customers was the latest sig ...

2025-05-02 04:23:36
Thomson Reuters maintains 2025 financial forecasts amid economic turmoil

Thomson Reuters maintains 2025 financial forecasts amid economic turmoil

By Kenneth Li NEW YORK (Reuters) -Thomson Reuters on Thursday confirmed 2025 financial guidance amid tariff-induced global economic turmoil that has led some companies to revise or scrap forecasts altogether. The Toronto-based content and technology company reported quarterly revenue rising 1% to $1.9 billion, slightly below analyst expectations of $1.93 billion, according to LSEG data. Organic re ...

2025-05-02 04:22:39
Stocks close sharply higher, lifted by Microsoft, Meta earnings

Stocks close sharply higher, lifted by Microsoft, Meta earnings

By Chuck Mikolajczak NEW YORK (Reuters) -U.S. stocks rallied on Thursday, with the Dow and S&P 500 posting their eighth straight session of gains after strong results from megacaps Microsoft (NASDAQ:MSFT) and Meta eased concerns about artificial intelligence spending. Microsoft surged and hit its highest level since late January, driven by an upbeat quarterly growth forecast for its cloud-comp ...

2025-05-02 04:21:38